I found a house that needs maybe 20% more renovation needed to be able to rent it out, but the mortgage officer said that would require a renovation loan instead of a conventional loan because the state of the house i...
Hello,I am new to bigger pockets but have been set on owning a duplex for some time now. My best friend from growing up and I are back home (Boston area) from college and want to save up to buy a duplex together and r...
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
I purchased a rental property in June with 20% down and financed with a conventional loan at 8.125%. Obviously, with rates dropping I am looking to refinance to reduce that rate. I have a loan estimate from a lender t...
As a realtor and real estate investor myself, I get asked this question a lot, and here are some of my thoughts on that question for buy and hold investors based on my experience, and after listening to folks that are...
The mortgage rates went from ALL times low’s when the pandemic started to 20 year ALL time high’s. If you look at the chart below you can see how high interest rates were from the 70’s to 2000’s. The government help...
I get this question all the time with my house hacker clients in Colorado Springs. It’s a common fear so you are not alone. Here are some helpful ideas to think through.
When House Hack Investors are concerned with c...